649bruno
Long

Growth In A Sea Of Misery: OCLR In Strong Uptrend

NASDAQ:OCLR   OCLARO INC
27 0 4
Got growth?
Oclaro-is a provider of optical components, modules and subsystems for the optical transport, service provider, enterprise and data center markets. The Company supplies optical network technology to telecommunication and data communication equipment companies across the world. The Company designs, manufactures and markets optical components, modules and subsystems that generate, detect, combine and separate light signals in optical communications networks. Its product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules and receivers. The Company supplies optical products, including tunable lasers, external modulators, integrated lasers and modulators and receivers. The Company also supplies products at the module and subsystem levels, including transceivers, transponders and controlled subsystems.
From a technical standpoint, Here are the positives:
1. Currently multiple buy Fractals (highlighted in green box).
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong trend. THE TREND IS GETTING STRONGER.
The green shaded area below CHOP is the CHOP ZONE. This has been strong (up) for quite a while.
3. The top lower indicator is phase energy, and this is positive. Very strong.
4. The alligator is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are trading above the Ichimoku Cloud .
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
9. The 5/34 Momentum indicator (top middle) is strong. It now has a bullish upward cross.
10. The Ichimoku Cloud is rising.
11. The moving average trend line is rising.
In my opinion, OCLR-is in a solid uptrend. Very strong.
Good luck to you. Don.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out